Google Glass: $1,500 to buy, $80 to make?
http://www.cbsnews.com/news/google-glass-1500-to-buy-80-to-make/
"HOLY PROFIT MARGINS BATMAN!"
Userlevel 7
Userlevel 7
I highly doubt Glass will be hit. I'll be surprised if it even reaches half a million of sales any point soon. I don't think Google will get richer with Glass even with this insanely high profit margin.
Userlevel 7
Barry Levine wrote:Read here.
Given the current price of $1,500 for Google Glass, how much could the tech giant make? A new analysis estimates that the actual materials cost just under $80, indicating the tech giant could really be raking in the cash. However, the powers that be at Google are contesting that as a low-ball figure, saying it simply isn't accurate.
Userlevel 7
Thanks ams963... I'm not surprised that Google is disputing the numbers. Who wouldn't? If it does turn out to be true, maybe they can claim "plausible deniability".
Userlevel 7
If true theu are sure to revert to admitting it, but claim R&D costs were so high that the current price tag is needed to recoup expenses LOL
Userlevel 7
LOL.:D@ wrote:
If it does turn out to be true, maybe they can claim "plausible deniability".
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